Customer hand-off between Bitcoin partners

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Information about Customer hand-off between Bitcoin partners
Technology

Published on March 7, 2014

Author: mids106

Source: slideshare.net

Description

How to do a customer hand-off between Bitcoin partners using signed request urls.

Customer hand-off between Bitcoin partners Joris Bontje @mids106

Use Case

Making the connection

Copy / paste bitcoin address Not very user friendly “Scary address” First time user are anxious about their payments Can’t detect referring partner Poor customer support

Link via URL User no longer has to enter the address himself Can detect wallet type / partner (referrer) Better customer support Not secure: All kind of scams possible

Using API Not “peer to peer”; unequal partners How do you hand over user sessions? Everybody has their own API

Signed links Uses OAuth 1.0a signing scheme (used by Twitter) Requests signed with shared secret (HMAC-SHA1) Communication goes via the browser; no internal API or callbacks required Existing scheme; “don’t invent your own crypto”

Implementation

Request

Security Request signed with shared secret (HMAC-SHA1) Limited time validity (5 minutes by default) Prevent replay attacks with nonce Shared secret exchanged out-of-band (PGP)

Protocol + Code http://bit.ly/1cBq1Ka

Demo

Buy Bitcoin

Sell Bitcoin

? @mids106 Image by: casascius

Protocol + Code http://bit.ly/1cBq1Ka

BIPS 0070

BIP 0070: Payment Protocol Not yet in production *) Uses SSL / Certificate Authorities Relies on accessing a third party web page Might only work in 1 direction (selling bitcoins)

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